Archive · 31 Oct 2025
Hindware's Tattva Invests ₹6 Crore in Building Materials Platform Mad Over Buildings
Imagine you need to build a house in India.
It's hard for the small shops that sell building materials like cement and paint to get the money they need to buy these things and then sell them.
A big company called Hindware, which makes home products, has an investment group called Tattva.
Tattva is giving 6 crore rupees to a company called Mad Over Buildings (MOB).
MOB is like an online store for building materials that also helps these small shops by letting them borrow money to buy what they need.
This means MOB can help more shops get materials, and Hindware can sell more of its products through MOB's network.
MOB also has a special way to make sure everyone pays fairly.
This investment will help make it easier to buy and sell building materials in India using technology.
SIG Tattva, the venture arm of Somany Impresa Group (Hindware), has invested INR 6 crore in Mad Over Buildings (MOB).
MOB is a fintech-enabled B2B e-commerce platform for building materials in India.
The investment aims to digitize the construction supply chain and address financing challenges for smaller distributors and retailers.
MOB offers a tech-enabled Line of Credit for secondary and tertiary sales and an escrow-backed marketplace.
The partnership seeks to accelerate MOB's market penetration and leverage Hindware's distribution network for increased sales.
- Who
- SIG Tattva (Corporate Venture Capital arm of Somany Impresa Group, home to Hindware) and Mad Over Buildings (MOB), a fintech-enabled B2B e-commerce platform.
- What
- SIG Tattva invested INR 6 crore in MOB to bridge gaps in India's construction supply chain.
- When
- October 31
- Where
- India
- Why
- To digitize the construction supply chain, enhance financing for distributors and retailers, and leverage MOB's e-commerce capabilities to boost Hindware's sales.
- Investor
- SIG Tattva (Somany Impresa Group)
- Investee
- Mad Over Buildings (MOB)
- Investment Amount
- INR 6 Crore
- MOB's Focus
- Fintech-enabled B2B e-commerce for building materials
- Hindware's Goal
- Leverage MOB's e-commerce to drive sales
- MOB's Unique Offering
- Tech-enabled Line of Credit for secondary/tertiary sales